DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support at 1.828 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.899 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Three Inside Down’ candlestick chart pattern is found. The chart forms ‘Three Inside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.899 – 1.981 – 1.984 – 1.828 – 1.843 – 1.897 —
1.864000000 – 1.896000000 —
45.325487065561 – 59.558776561024 —
– —
1.89900 – 1769544000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Inside Down – – –